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Outrage as Investigative Journalist Fisayo Soyombo Detained by Nigerian Army for Three Days
Fisayo Soyombo, the founder of the Foundation for Investigative Journalism (FIJ), has reportedly been arrested and detained for three days by the 6 Division of the Nigerian Army in Port Harcourt. The Army has yet to disclose the reason for his arrest, which many on social media have described as…
Read More »Access Bank Completes Acquisition of Standard Chartered Subsidiaries
Access Bank PLC has officially acquired Standard Chartered Bank Angola S.A. and Standard Chartered Bank (Sierra Leone) Limited. This development was disclosed in a statement signed by the Company Secretary, Sunday Ekwochi. The acquisition follows the July 2023 agreement between Access Bank and Standard Chartered Bank for the purchase of…
Read More »NNPC’s New EVP Upstream, Seeks Transparency, Corporate Governance in Oil Sector Operations
The NNPC Ltd’s new Executive Vice President, Upstream, Mr. Udobong Ntia, has called on upstream stakeholders in the nation’s oil and gas industry to strengthen corporate governance, transparency and efficiency in their operations. Speaking at the Upstream Governance, Risk, and Compliance Workshop in Lagos, with the theme “Enhancing Governance, Risk…
Read More »NCC Urges Licensees to Update Contact Details or Face Sanctions
The Nigerian Communications Commission (NCC) has reminded all licensees of their obligation under the Licensing Regulations 2019 to update any changes to their contact information within seven days of occurrence. In a statement issued by the Director of Public Affairs, the NCC stressed that this requirement is essential for effective…
Read More »BREAKING: Yahaya Bello to remain in EFCC custody till Dec 10
Former Governor of Kogi State, Yahaya Bello, will remain in EFCC custody till December 10, 2024, when the court will rule on the bail applications. Justice Maryann Anenih of the Federal Capital Territory High Court fixed the date after taking arguments for and against the bail request by Bello’s lawyer,…
Read More »No Disparity between NNPC’s, NUPRC’s Crude Oil Production Figures
The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that there is no discrepancy between its crude oil production figures and those supplied by the regulatory agency, the Nigerian Upstream Petroleum Regulatory Company (NUPRC). The Company gave the clarification against the backdrop of reports in a section of the…
Read More »Access Bank Dismisses Allegations of Missing N500 Million
Access Bank has officially denied allegations of a missing sum of N500 million from a customer’s account, as claimed by social media influencer Vincent Otse, popularly known as VeryDarkMan. VeryDarkMan, in a viral video accused the bank of sharp practices involving the account of a deceased customer to the tune…
Read More »Seplat Energy Re-echoes Climate Commitment, Operational Excellence
Seplat Energy Plc, foremost indigenous energy company, says it is actively pursuing a range of initiatives to decarbonise its operations and support a sustainable energy transition as part of its climate commitments and operational excellence strides. The company’s key measures in these regard include: ending routine gas flaring; investments in…
Read More »FG, KACCIMA, Extol Dangote Over Sponsorship of Kano Fair
The Dangote Industries Limited has received a torrent of accolades for sponsoring the 45th edition of the Kano International Trade Fair, which opened at the weekend. Minister of Defence, Mohammed Badaru Abubakar and the President of the Kano Chamber of Commerce, Industry, Mines, and Agriculture (KACCIMA) Alhaji Garba Imam described…
Read More »NEC Urges States To Patronize NASENI’s Technological Innovations
In a move to fast-track Nigeria’s industrialization, the National Economic Council (NEC), has urged state governments to patronize technological innovations developed by the National Agency for Science and Engineering Infrastructure (NASENI). The Vice President Kashim Shettima stated this during the 146th NEC meeting which he chaired at the Presidential Villa, Abuja…
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